Search
Neighborhood Shopping Center

500 Butternut Street, Syracuse, NY 13208

For Sale
New
$2,650,000

Established retail surroundings include national and local businesses, with access to a commercial corridor carrying daily traffic.

Property Size36,536 SF
Days on Market4

Property Features for 500 Butternut Street

General Information

Standard status Active
Size 36,536 SF
Property subtype COMMERCIAL

Additional Details

Traffic Count 18,000 vehicles/day

Taxes and HOA fees

Annual Taxes $63,942

Building Details

Building Size 36,536 SF
Year Built 1960
Listing Agency: Keller Williams Realty Greater Rochester
Listed By: XueJuan Zhang · License #10401287258
Source: Griffith-realty
Added: Nov 6 Changed: Nov 8 Last Checked: Nov 8 at 11:19AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Greater Rochester

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Butter Plaza is a neighborhood shopping center built in 1960, positioned along a major commercial corridor. The property sits among a mix of national and local businesses, including Save A Lot, Family Dollar Tree, Rite Aid, a Chinese restaurant, and a pizza restaurant.

The corridor carries approximately 18,000 vehicles per day. Walk Score is 58, Bike Score is 61, and Transit Score is 37. Net annual income is projected to exceed $210,000 at full lease-up.

Key Highlights

  • Approximately 18,000 vehicles pass the property daily
  • Built in 1960
  • Nearby businesses include Save A Lot, Family Dollar Tree, and Rite Aid

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Boost Mobile Mobile Phone Store Syracuse Community Police ... Police Department Pavone's Pizza Restaurant Spring Restaurant Save A Lot Grocery & Convenience Store

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Pet Store & Service Carpet & Flooring Store Florist Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

18,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

2,144
Businesses Nearby
41k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 46% Dining 36% Groceries 9% Electronics 3%
Dollar General Shops & Services
7,527 visits/mo 0.1 miles
Spaghetti Warehouse Dining
7,513 visits/mo 0.5 miles
Burger King Dining
7,422 visits/mo 0.1 miles
Chase Bank Shops & Services
6,482 visits/mo 0.4 miles
Sunoco Shops & Services
4,952 visits/mo 0.5 miles

Demographics for 13208, NY

23,603
Population
10,325
Households
2.3
Avg Household Size
33
Median Age
19%
College-Educated
77%
High-School Grad
4.1 sq mi
ZIP Area
5,757
Density / Sq Mi
$40,641
Median Household Income
$35,015
Median Earnings
$999
Median Rent
$110,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Syracuse, NY

6.2% 2021
5.9% 2022
6.5% 2023
4.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Shopping center - Established retail surroundings include national and local businesses, with access to a commercial corridor carrying daily traffic.
Where is this shopping center located?
The property is located at 500 Butternut Street Syracuse, NY.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: Approximately 18,000 vehicles pass the property daily; Built in 1960; Nearby businesses include Save A Lot, Family Dollar Tree, and Rite Aid
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved